GPOW vs. MLPB ETF Comparison
Comparison of Goldman Sachs North American Pipelines & Power Equity ETF (GPOW) to ETRACS Alerian MLP Infrastructure Index ETN Series B due April 2, 2040 (MLPB)
GPOW
Goldman Sachs North American Pipelines & Power Equity ETF
GPOW Description
The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities included in its underlying index. The index is designed to deliver exposure to equity securities of U.S. and Canadian listed companies, including companies structured as master limited partnerships, operating in the pipelines and power universe. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$56.62
Average Daily Volume
1,278
34
MLPB
ETRACS Alerian MLP Infrastructure Index ETN Series B due April 2, 2040
MLPB Description
The ETRACS Alerian MLP Infrastructure Index ETN Series B is senior unsecured debt securities issued by UBS that provide exposure to potential price appreciation in the Alerian MLP Infrastructure Index. The index, comprised of 22 energy infrastructure master limited partnerships, is a subset of the Alerian MLP Index. The index refers to the master limited partnerships included in the Alerian MLP Infrastructure Index as the “index constituents.” It constituents earn the majority of their cash flow from the transportation, storage, and processing of energy commodities. The index is intended to provide diversified exposure specifically to infrastructure investment.Grade (RS Rating)
Last Trade
$25.79
Average Daily Volume
6,256
8
Performance
| Period | GPOW | MLPB |
|---|---|---|
| 30 Days | 9.49% | 8.50% |
| 60 Days | 13.60% | 7.68% |
| 90 Days | 15.96% | 8.29% |
| 12 Months | 41.76% | 26.66% |
GPOW Overweight 27 Positions Relative to MLPB
| Symbol | Grade | Weight | |
|---|---|---|---|
| TRGP | A | 9.24% | |
| KMI | A | 6.63% | |
| WMB | A | 6.31% | |
| OKE | A | 5.87% | |
| LNG | A | 5.3% | |
| AM | A | 3.74% | |
| HESM | B | 3.51% | |
| PAGP | A | 3.24% | |
| DTM | A | 2.46% | |
| WKC | C | 1.55% | |
| AES | F | 1.45% | |
| CWEN | C | 1.35% | |
| ORA | B | 1.34% | |
| UGI | C | 1.22% | |
| AY | A | 1.09% | |
| NEP | F | 0.48% | |
| NEXT | C | 0.46% | |
| CLNE | F | 0.45% | |
| SUN | B | 0.41% | |
| NJR | A | 0.34% | |
| NFE | D | 0.33% | |
| DKL | C | 0.24% | |
| KNTK | A | 0.22% | |
| GLP | A | 0.17% | |
| SPH | C | 0.14% | |
| EE | A | 0.14% | |
| NGL | D | 0.08% |
GPOW Underweight 1 Positions Relative to MLPB
| Symbol | Grade | Weight | |
|---|---|---|---|
| GEL | D | -2.91% |
GPOW: Top Represented Industries & Keywords
MLPB: Top Represented Industries & Keywords
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